Arab Finance: EFG Hermes, an EFG Holding Company, completed its role as sole financial advisor on the $190 million minority stake investment in Alameda Healthcare, Egypt’s leading private healthcare group, by Development Partners International (DPI), according to a press release.
Through its fourth fund, DPI implemented the transaction in partnership with a consortium of leading institutional investors and prominent development finance institutions.
Meanwhile, Chairman Fahad Khater remains the majority shareholder post-transaction.
The acquisition was structured as a capital increase, resulting in foreign-currency proceeds supporting Egypt’s local banking system.
Being the largest private equity transaction in Egypt’s healthcare sector to date, the investment aims to reinforce Alameda’s position as a regional healthcare leader while enabling its strategic expansion across Egypt and the wider region.
The capital injection will support the expansion of hospital operations and clinical capacity, boost investment in advanced medical technologies, and improve service quality across Alameda’s network in Egypt and key regional markets.
Maged El Ayouti, Co-Head of Investment Banking at EFG Hermes, commented: "This transaction reflects strong confidence in Alameda’s positioning as one of the fastest-growing healthcare platforms in MENA with robust long-term growth prospects.”
He added: “It also reinforces EFG Hermes’ ability to deliver complex, high-impact M&A transactions that would enable national champions to execute their growth strategies in domestic and regional markets."
EFG Holding recently obtained ISO 45001 certification, the international standard for occupational health and safety management systems.